Activity in the eastern spruce lumber market last week transitioned from one that has been hectic with prices moving higher, to one that was more restrained with vulnerable pricing. Demand was still good but not as vibrant as in previous weeks. Buyers paused, reflected and took more time deciding about potential purchases. The mills tried to be aggressive sellers on the items they did have, but found little interest in them. They were also limited on the items they could offer, along with not being able to ship within a reasonable time frame. Distributor’s reloads were kept busy picking up the slack.
What does it mean to be an aggressive seller? and what do you mean here?
Is the second tier of the market motivated to maintain their inventories?
aggressive means that the mills were actively looking for offers on the items they have
they will sell at will and when given the chance- sell and move on unlike distributors that will hold and sell depending on their positions in inventory,the secondary tier are transit wholesalers buying and selling, trying to stay as liquid as possible
seems to be holy grail for the second week now @william_giguere
are they taking counters?
most assuredly on the items they want to move- more defensive on items they do not have much of…at least for the moment!